The scrutiniser''s report for the special resolution passed by way of postal ballot on December 31, 2025 is attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tulive Developers Limited (Scrip Code: 505285) sought shareholder approval via postal ballot to voluntarily delist its equity shares from BSE Limited under SEBI (Delisting of Equity Shares) Regulations, 2021. Voting took place from December 2 to December 31, 2025. Out of 20,24,441 equity shares voted by 22 shareholders, 99.81% voted in favour and 0.19% voted against. Promoters voted 100% in favour (15,53,240 shares, 72.10% of paid-up capital), while public shareholders voted 99.20% in favour (4,67,451 shares) and only 0.80% against (3,750 shares). The SEBI requirement that public votes in favour be at least twice the public votes against was comfortably met (roughly 125 times). The scrutinizer confirmed the special resolution has been duly passed.
Shareholders have approved the company's plan to delist from BSE, clearing a key regulatory hurdle. Existing public shareholders should now await the formal delisting offer with a floor price at which promoters will buy back their shares, after which trading in the stock on BSE will eventually stop.